Veolia Water Technologies has won a multi-million dollar contract to supply a seawater treatment process module for the One Guyana FPSO, that will operate in the ExxonMobil-operated Stabroek block, offshore Guyana.The Yellowtail - SBM Offshore/McDermott…
Once again, the events of the last month have shown that the impetus to continue to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050…
The market for floating production systems is booming, according to World Energy Reports' (WER) latest assessment of activity and developments in the offshore oil and gas market.“Business conditions and market sentiment in the deepwater sector have seldom been so positive…
G.W. Lisk Company recently announced the launch of their ATEX, IECEx and UL/ULC certified in line deflagration flame arrestor series. The series is designed for use in Class 1: Div 1 (Zone 0,1), Div 2 (Zone 2) oil and gas installation up to 4”…
A U.S. energy regulator on Friday gave Berkshire Hathaway Inc, the company controlled by billionaire Warren Buffett, permission to buy up to 50% of oil company Occidental Petroleum Corp's OXY.N common stock.Occidental's share price soared 9…
Norwegian offshore vessel owner Siem Offshore has secured a contract extension for one of its AHTS vessels in Canada.The extension is related to the Ice Class AHTS vessel 'Avalon Sea,' covering a firm duration of 18 months upon completion of the current term…
The events of the last month have shown that, despite some negative factors, the impetus to continue to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050…
The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report.Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction…
Swedish utility Vattenfall said on Monday it had agreed to buy an 85% stake in two early-stage offshore wind projects off Sweden's west coast from Norwegian wind farm developer Zephyr.State-owned Vattenfall said in a statement it expected the projects to have a combined production capacity of 2…
On Wednesday, French oil & gas major TotalEnergies and U.S. utility Duke Energy were declared provisional winners of the two lease areas auctioned by BOEM, the federal agency in charge of offshore wind area leasing and project permitting. Whilst…
The U.S. offshore wind sector continues to pick up speed on its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, with a total investment of $205 billion required for the 70 GW of capacity forecast to be added in this and the next decade…
Brazil's government is trying to add the 12th block to an auction of oil exploration areas expected later this year, an Energy Ministry official said on Tuesday at the Offshore Technology Conference (OTC) in Houston.The Ametista block is located…
Fears of gas supply interruptions due to Russian gas export constraints are driving interest and demand for floating regasification terminals, with contracting activity for oil and gas floaters also being quite active, World Energy Reports said in April 2022 Floating Production Systems Report…
ROV maker Saab Seaeye said Monday it would present its new and extremely powerful and intelligent electric manipulator on Saab Seaeye’s Stand 1406 at the Ocean Technology Conference, Houston, 2 – 5 May 2022.'The pioneering breakthrough is Saab…
Asia's largest offshore jacket Haiji-1 was last week installed in the South China Sea by the Chinese offshore engineering and construction company COEEC.With a total height of 302 meters and 30,000 tons of weight exceeding the lifting capacity of the world's largest derrick barge…
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